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    Hammond, IN
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    Hammond, IN Shopping Centers for Sale

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    Calumet City, IL East Chicago, IN Highland, IN
    Hammond Retail Center For Sale
    $1,600,000
    11,850 SF
    Hammond Retail Center For Sale

    6823 Grand Ave, Hammond, IN 46323

    11,850 SF retail center in Northwest Indiana.
    • High 9.75% CAP rate offers a strong return on investment.
    • Fully occupied retail center with tenants operating under NNN leases, minimizing landlord responsibilities.
    • Anchor tenant, Grand Foods, recently extended their lease for five years with increased base rent and strong annual increases.
    • Below market rents provide potential for future rental income growth.
    • Dense surrounding demographics with approximately 200,000 people within a 5‑mile radius.
    Updated: Apr 3
    View details
    Retail Center Anchored by Family Dollar
    $750,000
    18,000 SF
    Retail Center Anchored by Family Dollar

    Sheffield Ave 3704, Hammond, IN

    Retail shopping center with Family Dollar and vacant space.
    • Family Dollar anchors the center with a corporate guarantee and a triple net lease covering approximately 50% of the building.
    • Significant value‑add opportunity with approximately 9,000 SF of vacant space (with mezzanine) available for a new tenant or owner/user.
    • Established Family Dollar lease in place since 2002 with multiple extension options exercised and future options with rent escalations remaining.
    • Ideally located in a highly accessible and densely populated area.
    • Proximity to transportation: 1.2 miles from Hammond Station and 2.3 miles from Hegewisch Station.
    Updated: May 9, 2025
    View details
    Based on your search, we've compiled 43 Potential Opportunities for your consideration. Besides 2 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    East Side Retail Center For Sale
    $2,750,000
    14,601 SF
    East Side Retail Center For Sale

    Stabilized 7-unit retail center with value-add potential in Chicago.

    10226 South Indianapolis Avenue, Chicago, IL 60617

    View details
    Chicago Retail Center with Parking
    $2,750,000
    21,656 SF
    Chicago Retail Center with Parking

    Stabilized retail center with value-add potential in Chicago's East Side.

    10226 South Indianapolis Avenue, Chicago, IL 60617

    View details
    Retail Property Near River Oaks
    $995,000
    9,500 SF
    Retail Property Near River Oaks

    Move-in ready retail property near River Oaks Mall.

    733 Torrence Ave, Calumet City, IL

    View details
    Calumet City Retail Investment Property
    Contact for pricing
    5,887 SF
    Calumet City Retail Investment Property

    Dual-tenant retail building with NNN leases in Calumet City, IL.

    1330 Torrence Ave, Calumet City, IL

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Land Ready For Development
    $260,000
    Vacant Land Ready For Development

    Cleared land zoned B-3 with multiple development opportunities.

    21587 Lincoln Highway, Lynwood, IL 60411

    View details
    Corner Lot Strip Mall Opportunity
    $130,000
    0.16 Acres
    Corner Lot Strip Mall Opportunity

    Ideal corner location for a small strip mall or franchise.

    237 W 79th Street, Chicago, IL 60620

    View details
    Commercial Development Land Parcel
    $399,800
    2.53 Acres
    Commercial Development Land Parcel

    A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

    19611 Crawford Avenue, Flossmoor, IL 60422

    View details
    Commercial Land in Crete, Illinois
    $55,000
    1.01 Acres
    Commercial Land in Crete, Illinois

    1.01 acre commercial lot with B4 zoning near I-394.

    S Country Lane lot: 14, Crete, IL 60417

    View details

    Off-Market Properties in Hammond, IN

    Consider similar Off-Market properties in Hammond, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    300 Rdg Rd, Unit 328
    SHOPPING CENTER, STRIP CENTER
    32,762 SF Lot: 3.00 Acres
    Estimated value
    $730,000
    Unit 328

    300 Rdg Rd, Munster, IN 46321-1528

    View details
    3213 169th St
    SHOPPING CENTER, STRIP CENTER
    7,650 SF Lot: 0.45 Acres
    Value Estimation by Request

    3213 169th St, Hammond, IN 46323-1758

    View details
    8234 Mdw Ln
    SHOPPING CENTER, STRIP CENTER
    Lot: 0.07 Acres
    Value Estimation by Request

    8234 Mdw Ln, Munster, IN 46321

    View details
    917 Rdg Rd, Unit 23
    SHOPPING CENTER, STRIP CENTER
    15,120 SF Lot: 1.18 Acres
    Value Estimation by Request
    Unit 23

    917 Rdg Rd, Munster, IN 46321-1747

    View details
    6823 Grand Ave, Unit 39
    SHOPPING CENTER, STRIP CENTER
    11,850 SF Lot: 0.84 Acres
    Value Estimation by Request
    Unit 39

    6823 Grand Ave, Hammond, IN 46323-1944

    View details
    1001 5th Ave, Unit 1015
    SHOPPING CENTER, STRIP CENTER
    14,440 SF Lot: 1.41 Acres
    Value Estimation by Request
    Unit 1015

    1001 5th Ave, Hammond, IN 46320-1004

    View details
    9610 Centennial Dr
    SHOPPING CENTER, STRIP CENTER
    20,486 SF
    Estimated value
    $690,000

    9610 Centennial Dr, Munster, IN 46321-4078

    View details
    1101 5th Ave, Unit 1113
    SHOPPING CENTER, STRIP CENTER
    55,357 SF Lot: 5.23 Acres
    Estimated value
    $1,405,000
    Unit 1113

    1101 5th Ave, Hammond, IN 46320-1002

    View details
    7201 Calumet Ave
    SHOPPING CENTER, STRIP CENTER
    4,880 SF Lot: 0.36 Acres

    7201 Calumet Ave, Hammond, IN 46324-2407

    View details
    1810 165th St
    SHOPPING CENTER, STRIP CENTER
    9,870 SF Lot: 1.22 Acres
    Value Estimation by Request

    1810 165th St, Hammond, IN 46320-2823

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    8165 Calumet Ave
    SHOPPING CENTER, STRIP CENTER
    10,929 SF Lot: 1.82 Acres
    Value Estimation by Request

    8165 Calumet Ave, Munster, IN 46321-1701

    View details
    8135 Calumet Ave
    SHOPPING CENTER, STRIP CENTER
    10,929 SF Lot: 1.82 Acres
    Estimated value
    $7,600,000

    8135 Calumet Ave, Munster, IN 46321-1701

    View details
    911 Rdg Rd
    SHOPPING CENTER, STRIP CENTER
    Lot: 0.69 Acres
    Value Estimation by Request

    911 Rdg Rd, Munster, IN 46321-1721

    View details
    2824 173rd St
    SHOPPING CENTER, STRIP CENTER
    7,787 SF Lot: 0.36 Acres
    Value Estimation by Request

    2824 173rd St, Hammond, IN 46323-2238

    View details
    821 Main St
    SHOPPING CENTER, STRIP CENTER
    10,156 SF Lot: 1.36 Acres

    821 Main St, Munster, IN 46321-4066

    View details
    7951 Calumet Ave
    SHOPPING CENTER, STRIP CENTER
    41,928 SF Lot: 3.71 Acres
    Estimated value
    $1,120,000

    7951 Calumet Ave, Munster, IN 46321-1215

    View details
    1100 5th Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    196,210 SF Lot: 21.55 Acres
    Estimated value
    $13,840,000

    1100 5th Ave, Hammond, IN 46320-1002

    View details
    1229 165th St, Unit 31
    SHOPPING CENTER, STRIP CENTER
    6,100 SF Lot: 1.09 Acres
    Value Estimation by Request
    Unit 31

    1229 165th St, Hammond, IN 46320-2746

    View details
    7925 Indianapolis Blvd, Unit 31
    WHOLESALE OUTLET, DISCOUNT STORE
    112,418 SF Lot: 8.02 Acres
    Estimated value
    $8,350,000
    Unit 31

    7925 Indianapolis Blvd, Hammond, IN 46324-3348

    View details
    1624 165th St
    WHOLESALE OUTLET, DISCOUNT STORE
    101,200 SF Lot: 13.95 Acres
    Estimated value
    $6,925,000

    1624 165th St, Hammond, IN 46320-2819

    View details
    8000 Calumet Ave
    SHOPPING CENTER, STRIP CENTER
    6,760 SF Lot: 0.52 Acres
    Value Estimation by Request

    8000 Calumet Ave, Munster, IN 46321-1227

    View details
    5550 Sohl Ave
    SHOPPING CENTER, STRIP CENTER
    46,000 SF Lot: 4.14 Acres
    Estimated value
    $895,000

    5550 Sohl Ave, Hammond, IN 46320-2086

    View details

    Hammond, IN Shopping Centers Investment Opportunities Market Analysis

    Explore 35 shopping centers for sale in Hammond, IN on our real estate platform. These investment opportunities span a total of 29,850 square feet of properties for sale, with an estimated market value of $2,350,000.

    Sale prices for plazas in Hammond, IN start at $750,000, averaging $1,175,000, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Automotive properties 6
    Shopping centers 5
    Storefront properties 5
    Auto shops 4

    Demographics Overview

    Population 117K
    Population Growth (5Y) +1.0%
    Median Household Income $68,360
    College Educated 24.8%

    High-Yield Neighborhoods for Investment

    Identify Hammond submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46323 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 3.82%
    Property Tax per SF $41.87 per SF
    Tax Rate vs County Average 0.74 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

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